The memecoin sector—an ever-volatile corner of the crypto world—seems to be shifting, as on-chain behavior from the smart money suggests a more cautious outlook. For months, the market frenzy that defined this area of the crypto space seemed unstoppable, but yesterday’s data points to a noticeable pivot. In contrast to several previous days this week when net inbound capital was seen, yesterday saw a substantial amount of net outbound capital. The most up-to-date on-chain metrics show that on April 10, the ecosys tem memecoin had a trading volume of $4.73 million. On the other hand, net activity does not seem
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